Details

Rates and fees information correct as at 20 November 2018. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.

Rates

Rate types

variable

Rates from

8.39% p.a.variable

Comparison rate from*

8.53% p.a.based on $30,000 over 5 years

Fees

Application fee

$100.00

Service fee

$0.00

Late payment fee

$10.00

Exit fee

$0.00

Early repayment penalty

$0.00

Other financial bits

Minimum loan amount

$10,000.00

Maximum loan amount

$80,000.00

Minimum loan term

1 Year

Maximum loan term

8 Years

Security types

Vehicle

Features

Repayment options

Weekly, Fortnightly, Monthly

Extra repayments allowed

yes

Redraw allowed

yes

Other restrictions

none

Other benefits

none

*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may inﬂuence the cost of the loan.

Customer Reviews

How are Teachers Mutual Bank personal loans rated by the Mozo community?

Overall customer rating

About Teachers Mutual Bank

Teachers Mutual Bank (formerly Teachers Credit Union) offers its members a competitive range of personal banking and insurance products. They "Put you first" by offering a range of Home Loans, Credit Cards and day to day bank and savings accounts. Teachers Mutual Bank is focussed on the education community and their families so to join the Teachers Mutual Bank bank you must be a teacher, lecturer or instructor at a school, TAFE or university or a student studying education.

Rate & Review

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